secwatch.observer — SEC 8-K summary
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Issuer:     Lifeway Foods, Inc. (LWAY)
CIK:        0000814586
Form:       8-K
Filed at:   2025-02-07T23:59:59+00:00
Accession:  0001683168-25-000831
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lifeway Foods increases revolving credit facility from $5M to $25M, extends maturity to 2028
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- Revolving commitment raised from $5M to $25M with interest at Prime minus 1% or SOFR plus 1.75%.
- Termination date extended to February 5, 2028.
- New financial covenant: maximum cash flow leverage ratio of 2.00:1.00, effective Q1 2025.
- Borrowers had no outstanding borrowings at time of amendment.
- Closing fee of $25,000 paid to lender.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/814586/000168316825000831/0001683168-25-000831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/814586/000168316825000831/lifeway_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-25-000831

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